This is a trading diary containing my views on international financial markets and economic news. I focus on the relationships between bond, currency, commodity and equity markets across countries. All ideas and opinions expressed here are shared for educational purposes. THESE ARE NOT RECOMMENDATIONS!

Oct 19, 2004

I am only relating this to the election by the old axiom that Republicans are tougher (and spend more) on defense. The election is still up in the air and both candidates are talking strong on defense but given the run up it has had it seems like a good candidate to have an adverse reaction to a Kerry victory.